424B3 1 d203600d424b3.txt AXA EQUITABLE LIFE INSURANCE CO FILED PURSUANT TO RULE 424(B)(3) REGISTRATION NO. 333-210273 AXA Equitable Life Insurance Company Supplement dated June 13, 2016 to the May 1, 2016 prospectus for Structured Capital Strategies(R) 16 -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced Prospectus (the "Prospectus") offered by AXA Equitable Life Insurance Company ("AXA Equitable"). You should read this Supplement in conjunction with your Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in your Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in your Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in your Prospectus. Structured Capital Strategies(R) 16 will be available for sale in Puerto Rico on or about June 13, 2016, and in Connecticut on or about June 20, 2016. Accordingly, "Appendix II: State contract availability and/or variations of certain features and benefits" in the Prospectus is hereby supplemented with the following:
-------------------------------------------------------------------------------- State Features and benefits Availability or variation -------------------------------------------------------------------------------- Connecticut See "Charges for each additional The charge for transfers does transfer in excess of 12 not apply. transfers per contract year" in "Fee table" and "Transfer charge" in "Charges and expenses" See "Special services charges" The maximum charge for check in "Fee table" and under preparation is $9 per occurrence. "Charges and expenses" The charge for third-party transfers or exchanges does not apply. See "Charges and expenses -- Waiver (i) is not available. Disability, terminal illness, or confinement to a nursing home" (For Series B contracts only) -------------------------------------------------------------------------------- Puerto Rico Inherited IRA Not available. Beneficiary continuation option Not available. QP (Defined Benefit and Defined Not available. Contribution) contracts IRA and Roth IRA Available for direct rollovers from U.S. source 401(a) plans and direct transfers from the same type of U.S. source IRAs. See footnote 1 in "Fee table" There is no premium tax charge and "Charges for state premium imposed. and other applicable taxes" in "Charges and Expenses" See "Purchase considerations for We do not offer Structured a charitable remainder Capital Strategies(R) contracts trusts" under "Owner and to charitable remainder trusts annuitant requirements" in in Puerto Rico. "Contract features and benefits" See "Taxation of nonqualified There are special rules for annuities" in "Tax nonqualified contracts issued in information" Puerto Rico. Income from NQ contracts we issue is U.S. source. A Puerto Rico resident is subject to U.S. taxation on such U.S. source income. Only Puerto Rico source income of Puerto Rico residents is excludable from U.S. taxation. Income from NQ contracts is also subject to Puerto Rico tax. The calculation of the taxable portion of amounts distributed from a contract may differ in the two jurisdictions. Therefore, you might have to file both U.S. and Puerto Rico tax returns, showing different amounts of income from the contract for each tax return. Puerto Rico generally provides a credit against Puerto Rico tax for U.S. tax paid. Depending on your personal situation and the timing of the different tax liabilities, you may not be able to take full advantage of this credit. We require owners or beneficiaries of annuity contracts in Puerto Rico which are not individuals to be required to complete the appropriate Form W-8 describing the entity type to avoid 30% FATCA withholding from U.S.-source income.
Structured Capital Strategies(R) is issued by and is a registered service mark of AXA Equitable Life Insurance Company (AXA Equitable). Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC. 1290 Avenue of the Americas, New York, NY 10104. Copyright 2016 AXA Equitable Life Insurance Company. All rights reserved. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 (212) 554-1234 Form No. IM-09-16 (6/16) Catalog No. 155798 (6/16) SAR SCS 16 New Biz/Inforce - CT and PR only #203600